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NBC
Jan 18, 2013 4:00pm EST
republicans have floated a new plan they say will extend the debt ceiling for three months, but also cut congressional paychecks if mr. obama and the democrats don't agreed to deep spending cuts by april. steve handelsman says the gop has just grabbed the headlines two days before the inauguration. >> reporter: washington is almost ready. massive security, barriers going into place, bleachers along pennsylvania avenue for monday's inaugural parade. and the president atviewing stand, bulletproof and fancy, rebuilt every four years but since a huge crowd full of hope saw the first swearing-in, america has lowered its expectations. only 35% in the nbcs in/"wall street journal" poll says the country is headed in the right direction. as president obama's news portrayed is released, his approval stands at 52%. his likability at 61%, but only 29% say he is working effectively with congress. and today there's more conflict. responding to the president's declaration that he won't negotiate over the debt ceiling, republicans backed down. they raised the borrows limit but just for three months. if
FOX Business
Jan 18, 2013 1:00pm EST
on their first step in the debt ceiling fight. here are the details about what they will vote next week. the increase will be contingent on the senate and house, both passing a budget. republicans say if there is no bill passed, congress does not get paid. all part of the proposal for next week. john boehner say before there is any long-term debt limit increase, a budget should be passed that should cut spending. they have failed to pass a budget for four years. this is a shameful run that needs to end this year. the strategy is to put this off until later this spring to deal with the automatic spending cuts, along with, in march, government spending does run out. they would focus on a longer-term debt ceiling increase sometime in april or may. that is the strategy from house republicans. president obama says he has not even entertained any type of negotiations. republicans should agree to raise the debt ceiling because having to raise it is the result of appropriations already passed and signed into law. back to you. melissa: thanks so much. ashley: here with reaction to the gop when it peter welch. thank you for joining us. you say, look, republicans are making it an "economic we
FOX
Jan 18, 2013 12:00pm PST
report. new report on debt ceiling. house republicans will take out a bill to push the deadline for raising the limit in mid april. nasdaq is down. and s&p is flat. >>> california's unemployment rate remain unchanged in november. coming in at 8.8%. it is down from 11.2% a year earlier. november was the first time it fell below 10% in four years. >>> first lady michelle obama celebrated her 49th birthday with dinner out and new hair do. this is complete with bangs, this is object her twitter account. she and president obama celebrated her birthday at an italian restaurant in georgetown. 49ers are leaving for atlanta for the nfc championship game. fans are pumped for the game. they sent us photos including this one. it shows a pint-sized fan ready to go in his gear. they are from oakland and they are all decked out in 49er jerseys ready for sunday's game. sherry sent us this for the 49er fan and a 49er onesie. >>> today at five, we are less than 48 hours from the surf contest. see how they are getting ready along the coast so they don't have what happened in 2010. >>> thank you for tr
Current
Jan 17, 2013 7:00pm PST
probably would be. and then, of course, there is a debt ceiling vote. now you hear a lot of republicans making noises about backing down from the debt ceiling fight. it is interesting by the way, i know we're not here to talk about that. it is interesting how the conventional wisdom has shifted on that. >> jennifer: quickly too. >> so quickly. just another sign of the shifting sands. it all hinges on how public opinion turns. and you know, is the president going to go out on the stump? is he going to go out and barnstorm the country for his proposals? how much political capital is he going to put into it? if he really builds up public support for the proposals and public support grows and if they feel pressure, he'll bring a vote. >> >> jennifer: just to take you back to that -- not the fiscal cliff, the debt ceiling issue that the republicans do seem to be going soft on, i do think one of the reasons why they went so soft is because major traditionally republican lobbying groups were advocating like the chamber of commerce came out strongly saying this is crazy. i'm wondering if there are oth
FOX News
Jan 18, 2013 3:00pm PST
the senate majority leader harry reid says if the house pass a clean debt ceiling incress, the senate will be happy to consider it. jay carney at the white house called for passing a clean debt limit deal without delay. leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl cameron reports on a possible short-term solution that is getting a long look by some people. >> with the white house refusing to negotiate spending cuts and the democrat controlled senate unlikely to pass a budget as part of a long-term deal to raise the tet ceiling, pat toomey of pennsylvania is reintroducing legislation he says will avert the u.s. from defaulting on the debt. >> we must prioritize three categories of payments. one would be debt service, interest on the debt so we would haven't default. a second would be social curt payment to seniors so they don't worry whether the check is coming or not. t
FOX Business
Jan 18, 2013 11:00am EST
very much. connell: the situation on the debt ceiling approaching quickly, republicans trying to decide what their next move will be. dagen: rich edson in virginia. rich: it is beautiful. a lot nicer than it was yesterday as republicans have concluded their three-day retreat and is about how to extract the most spending cuts and make the most structural spending changes over the number of budget fight and win the debt ceiling, the sequester. government budgeting the deadline hits march. one republican leadership says republicans are when it comes to the debt ceiling settling on a strategy. >> the one thing is we have set a structure moving a short-term so people don't have a fear economically of where we are and are able to move forward to solve this problem once and for all. rich: the strategy would be a short-term debt increased to work on the other spending points and come back to the debt ceiling perhaps in a few months. he says he is not sure when the timing of that vote would be, he only says sooner rather than later. connell: republicans have become of this retrieve a mess
FOX Business
Jan 18, 2013 6:00pm EST
republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teacher said she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an al. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only naonal lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. ♪ ♪ [ male announcer ] y
CSPAN
Jan 18, 2013 1:00am EST
we get to that? there are three pressure points. you have the sequestered, the debt ceiling, and you have the continuing resolution. the sequestered and debt ceiling fall on top of each other towards the end of february. these to say and republican leadership and the senate, which is served in for 12 years, you never take a hostage you cannot shoot. the problem with the house was they took hostage the cannot shoot when they took the fiscal cliff. if the republican members of congress take the debt ceiling as a hostage, it is a hostage you cannot shoot. as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game is over. tenfold. because believe me, though congress can stand up to the senior lobby. so that is not a legitimate process to take the debt ceiling as the hostage. the appropriate goal, whether the d
CNBC
Jan 18, 2013 4:00pm EST
us. will we avoid the debt ceiling cliff? house republicans will consider a plan to extend the debt limit deadline. why that may set up an entirely different kind of cliff. we'll take you live to washington and john haar woovmtd flagged this in my observation yesterday. should the eligibility age to social security be increased to 70 years old since americans are living a lot longer than they did when the social security program was first set up? stick around for a heated debate and the body of a million dollar lottery winner murdered by cyanide poisoning right after he won has been exhumed. the medical examiner is talking, and we'll have the very latest developments of what went on. stay with us. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. introducing the all-new 2013 lexus ls f sport. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes mor
MSNBC
Jan 18, 2013 1:00pm PST
republicans finally announced a debt ceiling plan. kick the can again. this time for three months. in an efforts to put pressure on the senate to do something instead. that's the whole, it wasn't me, i guess, strategy. of course, that means another debt ceiling debate is just three months away. joining us now, bill cohen, a columnist at bloomberg view and by phone we have nbc's luke russert in williamsburg, virginia, covering the house republicans. welcome to both of you. >> thank you, karen. >> luke, i want to start with you. republicans are calling it a plan, democratic leader nancy pelosi call it is a gimmick. it sounds more like -- i mean, my read initially was this is more like political posturing rather than a serious deal. what are you hearing down there? >> well, it certainly is something that's meant to try and force the senate to act. you know, the senate has not passed a suggest in over 1,300 days and that's a popular rallying cry of the house gop. but what came out of this retreat was the idea instilled in members that it's probably not beneficial with the republican brand so
CNBC
Jan 17, 2013 7:00pm EST
, congressman paul ryan says the republicans are putting a temporary debt ceiling extension on the table. but if they don't take strong measures on the spending sequester and other budget cuts, they're going to be in danger of being out of office and losing the house in 2014. >>> now, president obama, many of our leaders never seem to talk about the real root causes for crime, economic failure and violence. i'm talking about the breakdown of families. talking about the absence of faith-based moral teachings in school. and the shrinking number of people even attending religious services. can we prevent future tragedies if we focus more on family values and faith? here now to help us with this, father george william rutler the church of our savior in new york. and the rabbi shmoley, author of "the broken american man and how to fix it." rabbi, let me begin with you. most of the mass murders and horrible events are committed by men or young boys. >> that is absolutely right. >> and i want to go there because that leads me to family breakup and that there are no fathers and there are no exam
Current
Jan 18, 2013 3:00am PST
with the debt ceiling. congressional republicans that is. and here in washington everybody gearing up for the big inauguration. meanwhile, very striking cbs/"new york times" poll out this morning revealing that the american people are overwhelmingly behind the common sense new measures to reduce gun violence unveiled this week by president obama and vice president biden, 92% of americans saying they support a universal background check. 63% support a ban on high-capacity magazines. 53% supporting a ban renewing of the ban on assault weapons. the american people are ready for action. on another front, two high-profile celebrities proving that they are nothing but big, fat liars today. lance armstrong lying about the tour de france and manti te'o lying about his girlfriend. all of that coming up right here on current tv. right have, about the "heavy hand of government" ... i want to have that conversation. let's talk about it. really? you're going to lay people off because now the government is going to help you fund your healthcare. really? i want to have those conversations, not to
MSNBC
Jan 18, 2013 7:00am PST
use the 14th amendment. i'm wondering how you see the debt ceiling play out. >> well, i'm seeing the republicans starting to cave on that. they're hearing from the -- the president has made it clear he's not going to play that game. and if we mess with the debt ceiling and have another credit downgrade and the interest rates we have to pay on our debt go up by 1%, that's $1 trillion additional cost to the taxpayer. and that's just crazy. >> when you say cave, are you talking about paul ryan who says maybe what we should do is increase the debt ceiling for the short-term? >> no, actually, i think that's a bad approach. because we just lurch from crisis to crisis. the paul ryan budget that the house passed with basically every single republican except for, i think, two, that would require in its own terms an increase in the debt ceiling of $1.5 trillion in two years. the budget they voted for requires the debt ceiling to be raised. and now when the time comes to avoid default, they don't want to do it. but i think what you're seeing is speaker boehner knows this isn't a viable tactic. i think mr. ryan know
MSNBC
Jan 18, 2013 10:00am EST
just raising the debt ceiling that he's going to have to deal with. but he's going to have to negotiate with the republicans and perhaps try to change the tax code. all of these things are things he's already signaled he wants to do. what's fascinating is that this is a president who wanted to be a domestic president in the last -- in his first term and he was saddled with an economic situation and two wars to deal with. now is a shot to be that domestic president and make some really big change. but he's going to have to work with republicans in the house in order to get big things accomplished. >> and clearly what he wants to do is have some influence on voters. and though the official announcement is expected today, we do know that obama for america is going to become this nonprofit supporting his agenda. what kind of influence could this have? >> well, i think if you're an obama supporter, you hope it has more influence than it did or what they tried to do during his first term. they talked a lot about this leveraging his campaign which everyone, even in particular republicans will say was incredibly impres
FOX Business
Jan 18, 2013 4:00pm EST
will vote on a debt ceiling bill next week that will include at least a short-term extension. liz: rich edson live at the house republican annual retreat which is in williamsburg virginia with the very latest. rich? rich: liz and david, a three month extension, that's what they are discussing. this is a result of three day meeting here, the republican retreat in williamsburg virginia. this is the bill that the house will vote on next week, a three month debt ceiling increase and debt ceiling increase is contingent on the house and senate passing a budget. the senate hasn't actually passed a budget in years. the bill also withholds congressional pay without congress passing a budget. the one problem with this for a number of republicans, there really are no other spending cuts in this. remember the boehner rule dubbed the boehner rule says any increase in the debt ceiling must correspond to equal amounts in spending cuts. >> not quite the same reaction from house minority leader nancy pelosi saying: >> so the republicans are taking the debt ceiling debate moving it off a few months perhaps take place in april or may so they can
CBS
Jan 18, 2013 6:00pm EST
background check. >>> on the national political scene let's talk debt ceiling, the government's limit on how much money it can borrow. the issue divides democrats and republicans and threatens to send us into government gridlock in the next few weeks, but tonight some encouraging news. house republicans say they are prepared to raise the roof on the debt ceiling for another three months, a bit of a breather. in return they want guarantees from democrats that congress will work quickly to pass a budget so it can focus how to bring down the nation's debt. >>> security will certainly be tight near the capitol for the upcoming inauguration and the coastguard will keep a close eye on the rivers through the city. increased security is in place on the potomac between the key bridge and reagan national airport already. on the anacostia patrols will extend from the 14th street bridge to the 295 bridge, but from sunday through tuesday water traffic along those waterways will be closed entirely for 48 hours. >>> while the president's been working on his speech his staff has had to respond to a petition signed by 34,000 people demanding that the government build a death star,
MSNBC
Jan 18, 2013 2:00pm EST
, definitive decisions. you lost. let's come together and compromise. pass the debt ceiling and talk about spending cuts if that's what you want to talk about. >> i want to read what "the washington post" conservative columnist had to say about the republican strategy. here's what he said. he wrote, obama's post-election arrogance and intransigence can put you in a fighting mood. i sympathize. this is what he's telling the republicans but i'm tending toward the realist view. don't force the issue when you don't have the power s. that what we're seeing with the debt kreeling in they don't have the power and maybe taking this advice from the conservative columnist? >> it's rare i agree with charles krauthammer but don't fight battles you can't win and don't go to the brink to be perceived as pulling back and therefore losing. this is not a fight they can win. it's certainly one they can lose and i think, though, just doing this three months, we are not done with this. if you're a crisis junkie, we are in the position of not only did the fiscal cliff not end this, we'll talk about this, and talking about it and talking about it and whether there's a coherent set of here's what we do with spending and revenue, in march, $1.2 trillion, march 10th. i'm s
NBC
Jan 18, 2013 6:30pm EST
in this coming fight over the debt ceiling. in a big shift today, house republicans said they will vote to lift the limit for three months, but on the condition that the senate passes a budget. wall street liked this idea. the dow finished up almost 54 points to hit its highest closing level since december 10th of '07. nasdaq finished with a small loss. s&p 500 was up 5 points. also at five-year highs. >>> in washington tonight, it's starting to feel like a city that's about to host an inauguration. for the 57th time in the history of our republic, and host hundreds of thousands of people on a cold monday in january. our white house correspondent, peter alexander, is in lafayette park across from the white house, in front of the reviewing constant tonight. peter, good evening. >> reporter: brian, good evening to you. those are the best seats in the house, for a variety of reasons, including the fact they have heat. that's where the president and the first family will be watching monday's parade. the second obama inaugural is expected to draw roughly a third of the nearly 2 million
PBS
Jan 18, 2013 3:00pm PST
the debt ceiling. majority leader eric cantor said today republicans want an interim measure to provide about three more months of borrowing authority. the bill would not mandate immediate spending cuts, as house speaker john boehner earlier promised. instead, it would force congress to pass a budget or go without being paid. the government could reach the current debt ceiling by mid-february. ray nagin, the mayor of new orleans during hurricane katrina, has been indicted on charges for corruption. a federal grand jury accused him today of bribery, wire fraud, and money laundering while in office. nagin was the city's mayor from 2002 until 2010. two former new orleans officials and two businessmen have already pleaded guilty in the case. u.s. attorney general eric holder today defended president obama's moves to curb gun violence. the president signed 23 executive orders this week, calling for such things as more research into gun violence. today, in washington, holder told the u.s. conference of mayors that there's no question the orders are legal. >> now let me be very clear.
CBS
Jan 18, 2013 6:00pm EST
. >> sreenivasan: the u.s. house of representatives will vote next week on lifting the debt ceiling. majority leader eric cantor said today republicans want an interim measure to provide about three more months of borrowing authority. the bill would not mandate immediate spending cuts, as house speaker john boehner earlier promised. instead, it would force congress to pass a budget or go without being paid. the government could reach the current debt ceiling by mid-february. ray nagin, the mayor of new orleans during hurricane katrina, has been indicted on charges for corruption. a federal grand jury accused him today of bribery, wire fraud, and money laundering while in office. nagin was the city's mayor from 2002 until 2010. two former new orleans officials and two businessmen have already pleaded guilty in the case. u.s. attorney general eric holder today defended president obama's moves to curb gun violence. the president signed 23 executive orders this week, calling for such things as more research into gun violence. today, in washington, holder told the u.s. conference of mayors that there's no question the orders are legal. >> now
Current
Jan 18, 2013 3:00pm PST
means that he is not going to negotiate on this debt ceiling. do you sense that's what is coming out of this? or is there a darker path that they are trying to follow? >> well, what has me so intrigued are the at attentions between the house republicans and the republicans in the senate. if you look at the sequestration and automatic budget cuts, it looks like the house wants to try to blame the senate if things fall apart. so they can say now the burden is on the senate which they have to agree to an overall budget deal by april. and then they can say at that point we'll deal with the debt ceiling. so it was a way to put some pressure on mitch mcconnell. but mitch mcconnell seems to think that okay we'll pass a budget in the senate and then use that as possible leverage with the republicans in the house who might hold up the debt ceiling. >> michael: that makes perfect sense that that is what they are trying to do it is really just passing the buck. the white house held a firm line on saying we're not going to negotiate at all on this debt ceiling, and it worked. do you think this is a lesson that may carry for four years, when they see themselves posturing this way rather than what they have done on other issues? do you think this migh
CBS
Jan 18, 2013 4:30am PST
capitol hill, some top republican leaders are considering a short-term increase of the debt ceiling. >> house budget committee chairman paul ryan says they are weighing the benefits of an extension as a way to get the senate and white house engaged in future conversations. president obama as warned that if congress doesn't raise the debt ceiling the economy could crash and there could be delays for social security checks and veterans benefits. >>> university of california leaders say tuition hikes can be avoided this fall if the system gets the funding increase proposed in governor brown's budget plan. the quarter billion-dollar increase is less than that what the uc system had hoped. but it's a turnaround from years of budget cuts. the extra funding is due in part to proposition 30, the tax measure approved by california voters in november. >>> 55,000 local students will have the same class plan for part of today lessons on digital media safety. commonsense media is teaming up with the san francisco unified school district for the program. it will cover such toppers as cyberbullyin
FOX News
Jan 18, 2013 11:00am EST
republican lawmaker who says there are three events coming that will coalesce. debt ceiling discussion, debt ceiling and the fact that the federal government will run out of money at the end of march. >> all those bring a confluence of an opportunity to drive a debate and drive changes that get us towards long-term prosperity and get us off of this notion that we can just continue to borrow and spend. >> reporter: it is clear most republicans want there to be spending cuts as part of these fiscal matters as they work on long-term extensions or solving these problems long term. jenna. jenna: mike, if we're hearing this, then the white house is probably hearing this as well. any reaction from the white house about potentially this plan from republicans? report or the jenna, --. >> reporter: jenna white house officials are saying if congress doesn't want to raise the debt ceiling they should authority rise president obama to do it himself. they should extend it so it doesn't cause concern for the economy and global markets. >> longstanding tradition for the congress to raise th
MSNBC
Jan 18, 2013 6:00am EST
republicans try to use the debt ceiling, to force dollar-for-dollar budget reductions. i don't see that as a winner for them, and i can't imagine at least the party establishment is now seeing that as a potential winner for them. i mean, you know, face it. the president won the election. and he laid out a program and a philosophy, and he won the election on it. and i think as long as republicans are going to take the stance that he didn't win and that, in fact, they won and therefore they get to do things their way, i don't think -- i don't see how that's going to help them get out of that 14% hole. >> eugene, nbc.com had a very interesting way of putting it this morning, a very nice tag which is that what the electorate is looking for right now is not so much hope but a president who can cope. it's all about coping, not so much hoping. do you think that this kind of poll suggests that he is going to be able to deliver on that message of coping? >> well, you know, first of all, i think that's right. i think that, you know, the whole atmosphere around the second inauguration, it's j
MSNBC
Jan 18, 2013 10:00am PST
house republicans are going to take up next week a short-term debt ceiling extension. is it too short? does this get us past the hump? >> well, you know, look, this is an attempt by republicans to acknowledge that in a way president obama has won on the i won't negotiate. >> it's not ending the problem, but it is an acknowledgment by house republicans that having that fight right now is not one that is politically advantageous for them, and not advantageous for the country. it does not mean, however -- obviously, it does not mean that we may not have down the road in three months time, and now kind of mid to late spring, we may not have the fight we are expecting to have next month. >> only 44% disapproval rating for the president. that's a pretty good head of steam going in. real concerns about whether the president and congress can do mying about the economy, which is job one. >> the vast majority say it's in the wrong direction. there is a pessimism, is the best word i can use, about the deposit's willingness and i think even more worrisome ability to fix the problem. >> there is a decline in confidence. there is a broader trend, but it's a declining confidence in our instit
FOX Business
Jan 17, 2013 11:00pm EST
issues, one is that republican should hold tight on this debt ceiling. and risk shutting government down if president does not give on to spending, yes or no? >> i have to say yes on that, because if we don't start to self-discipline. if we do not start to prioritize, spending, look, neil, letter from the director was sense on house, saying that obama administration will miss the deadline for sending a budget over that deadline february 4 is the same day we will launching next generation today show. we will not miss it. neil: what time are you on? >> we' . >> doesn't make it so not total bull i havbull zit. zit. ♪ ♪ ♪ [ male announcer ] you don't have to be a golf pro to walk like one. ♪ when you walk 10,000 steps a day, it's t same as walking professional golf course. humana. health and well-being partner of the pga tour. neil: do any of you kw nate silver? does it ring a bell? nate is the guy whose 538 column due into a darn near ocult. it is polling slang, nate was a guy, who painfully researched every state, and nook and cranny to assess which candidate was closer to, in this
NBC
Jan 18, 2013 6:00pm EST
-- >> in the liberal, democratic primaries in 2016. >> let's talk about the debt ceiling, maybe doing something on monday, to cutting off paychecks. >> will there be movement next week? >> they can do it. republican leaders are saying let's not have a fight with the president over it. the politics are terrible, so what they want to do is say, look, we'll give a debt ceiling increase, but what you have to do in the signal is pass a budget. that's the current thinking right now. that gives them more leavage. >> i guess you guys will talk about the second term? >> we have senator schumer, senator cruz from texas, so we'll talk about guns, the debt, and great roundtable, too. and where there's some real challenges and opportunities there as well. you appeared in it. >> i don't want to commen about any of that. it has nothing to do with me. the nra does what it does. the ad is factually incorrect. i think, you know. this is not about me. i ask tough questions on both sides on my program. people sometimes want to make me a political target, which i shouldn't be. in this particular case, they're taking on an argument that's factually untrue. the only protection they get is from the secret service. that's true o
CSPAN
Jan 17, 2013 8:00pm EST
debt screaming and the -- ceiling and the sequesters. house republicans concerned if they do anything about tax reform. they may leave it open to the senate and not taking action and taken the vote for no reason. are you optimistic? >> first of all, i have -- we have to reself the debt crisis in terms of sequestration. and in term of the full, faith, and credit in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i think cannot be basically moved for what we need to do in the next six weeks. that will leave us adequate time to tackling the longer range problems. we're not going tackle tax reform in the next six weeks. we need to essentially deal with the sequestration, specially find a balanced approach that is going to raise a trillion dollars or close to. so that's why i have some optimism because we need to face up to the next six weeks, resolve it, and -- [inaudible] >> rick. [inaudible] by conflict -- i want to ask you about one of the big things the intiement element reform. how big would you need see in term of public
MSNBC
Jan 17, 2013 7:00pm EST
monday he warned republicans to not even think of using the debt ceiling as bargaining leverage. let's listen to him. >> but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not at bargaining chip. >> on tuesday following a meeting that took place in the west wing, president obama surmounted a huge hurdle in the nomination of chuck hagel to be defense secretary when influential new york senator chuck schumer gave it his blessing. yesterday the president forcefully and emotionally laid out his proposals to curb gun violence and challenged americans to confront the representatives and stand up to the nra. let's listen. >> ask them what's more important, doing whatever it takes to get an "a" grade from the gun lobby that funds their campaigns or giving parents some peace of mind when they drop their child off for first grade. >> joining me is former rnc chair and msnbc contributor michael steele and democratic stra
FOX Business
Jan 17, 2013 8:00pm EST
issues, one is that republican should hold tight on this debt ceiling. and risk shutting government down if president does not give on to spending, yes or no? >> i have to say yes on that, because if we don't start to self-discipline. if we do not start to prioritize, spending, look, neil, letter from the director was sense on house, saying that obama administration will miss the deadline for sending a budget over that deadline february 4 is the same day we will launching next generation today show. we will not miss it. neil: what time are you on? >> we' . >> doesn't make it so not total bull i havbull zit. zit. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. i got this snapshot thing from progrve, plugged it into my car, and got a discount just for being the good driver i've always been. i'm just out here, snap-shooting it forward. you don't want to have to
CBS
Jan 18, 2013 6:30pm EST
that they will hold a vote next week to raise the debt ceiling for three months until april 15. but there's a catch: they say within that time the senate and the house must pass budgets outlining their spending priorities for the year. now, that may not sound very difficult, but as republicans like to point out, senate democrats haven't passed a budget since 2009 and republicans say if they don't do so by april 15 then all members of congress should stop getting paid. >> pelley: but, nancy, why would the republicans abandon their demand for dollar-for-dollar spending cuts in exchange for raising the limit? >> well, in part they were worried about getting the blame if there was a default. this way they shift the burden to senate democrats to come up with a budget and they can still call for more spending cuts in three months when this comes up again. in the meantime, everyone gets a bit of breathing room which is why the white house may not have shot down the plan today-- even though they, of course, prefer a long-term extension of the debt ceiling, not just three months. >> pelley:
MSNBC
Jan 17, 2013 11:00pm PST
accommodating to republicans in his first term, as we all know. what did that get him? a debt ceiling crisis, charges of being a foreigner, and total war on health care reform. well, now the president isn't asking anymore, he's demanding. you know what? it may just work. >>> beating the neocons at their own game. the neoconservative industrial complex put all its weight behind defeating chuck hagel. it looks like they're going to lose. could it be the neocons are a spent force? could we be that lucky? >>> and back in the ussr. yet another republican cites the soviet threat. they're still fighting the cold war. they want the cold war i guess. that's in the "sideshow" where i hope it stays. >>> let me finish with my own thoughts about alcoholism and addiction and how it tragically struck down one of the most prominent political families in our nation's history. and this is "hardball," the place for politics. ve decided as i begin, i thank president clinton for his service to our nation. [ applause ] and i thank vice president gore for a contest conducted with spirit and ended with grace
WETA
Jan 18, 2013 6:30pm EST
debt ceiling: a three month increase in the federal borrowing limit. it's expected to come to the house floor next week, but it comes with strings attached. the proposal includes a condition that house and senate lawmakers pass a budget blueprint for the coming year or go without pay. house majority leader eric cantor said it's simple.congss congress shouldn't be paid for failing to do its job. 't >> tom: next week 80 companies are scheduled to turn in their latest quarterly financial report cards. but rather than the short-term focus on the bottom line, our next guest thinks businesses need to consider all stakeholders, not just shareholders. john mackey is the co-founder and co-c.e.o. of whole foods market. he's author of "conscious capitalism: liberating the heroic spirit of business". john, why is concentrating on shareholders a myth as you call it? >> i don't know if concentrating on shareholders is a myth. i mean, most companies do concentrate on their shareholders. it's just not the best business strategy. because you have an interdependent stakeholder system where you need
FOX Business
Jan 18, 2013 3:00pm EST
president's confidence. i look forward to working with him. >> are you worried about the debt ceiling in terms of your business and the economy? i know the republicans are now pushing for a temporary sort of increase it temporarily but then we'll be back debating this again. first off, i'd like to ask you, should there be a debt ceiling? hank paulson, former treasury secretary says there shouldn't be one. president obama thinks there shouldn't be one. do you think there should be a debt ceiling? >> listen, i prefer having a ceiling. i prefer having that sense of discipline. >> right. >> i like everybody else in this country, including the politicians have been frustrated by our inability to grab this issue by the throat and start doing something about it for the future of our competitiveness. now, we had a start with the deficit reduction efforts. >> right. >> prior to that i thought the bowles simpson commission was a powerful response to what we could do about our own deficit. >> why do you think the president ignored that? i mean his own commission, he ignored it. why do you think he did that? >> i can't speak for the president charlie. >> why do you
FOX News
Jan 18, 2013 6:00am EST
over raising the debt ceiling now. that's going to be the next big thing. he's refusing to negotiate, so if the gop ties the debt ceiling to the current budget battle. listen to this. >> republicans and congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. >> steve: here is somebody who dealt with enormous deficits firsthand, the former governor of the golden state of california, arnold schwarzenegger. good morning to you. >> good morning. nice to be here again. >> brian: he sends a warning to the republicans should they back off or take on the president? >> first of all, i think i find it interesting that when you want to have more money, if you go to any financial institution, they say look, i can't pay my bills, i need more money. they want to see their payment plan. how are you going to live responsible from here on? then you can get more money. so i don't understand that why this should not be a part of the discussion because it ought to be. i think america should not just blindly go in th
CNN
Jan 18, 2013 4:00pm EST
have a vote that will delay the debt ceiling for three months. so what they are doing, if you really look at house republicans who took the majority two years ago, they did it standing on principle for pretty much every squirmish. it seems that they are becoming a bit more sophisticated, rather, but their understanding, it seems, is that you have to pick your battles. losing credit ratings and so forth, that's not a smart battle to wage. look at some of the most conservative members of the house talking to deirdre walsh at the end of their retreat for three days about picking their battles in a better way. >> deal with the smaller ones first, maybe build up a little momentum, credibility, not only with the credit markets but with the folks back home, that we can actually deal with these things, take the small one first, debt ceiling last, i think it's a rational, reasonable thing to do. >> now, for some, wolf, maybe even those in the republican house leadership, like him talking about what is rational and reasonable, that may be a bit jarring but the house republicans are coming out of their three-day retreat say
CNN
Jan 18, 2013 2:00pm EST
out? i know there are a lot of people who take the debt ceiling off the table and increase it and you lose your leverage. republicans lose your leverage. and the conversation that you'd like to have. right now, politics is standing in the way of good economics. >> congress believes solution is the way to a problem. we have two points we can leverage. one, you're right, the debt ceiling and the cr that becomes due on march 27th. the cr might be a better place to use that leverage. one place or another, we need to decide that both sides need to come to the table of commonsense and put america on a better course to economics. >> thank you for being with me. >> thank you. >> for more, tune in to "your money" this saturday at 1:00 p.m. brooke, back to you. >> just in this final minute while i have you, if you watch this oprah winfrey interview with lance armstrong, or even if you didn't, all you have to do is be on twitter because the tweets were aflying. i want to yell and scream about lance. but he is now truly irrelevant to my wife. my young kids will on know him as a cheater. armstrong is right that the culture was rife w
CBS
Jan 18, 2013 5:00am PST
increase of the debt ceiling. house budget committee chairman paul ryan says they are wag the benefits of an extension as a way to get the senate and white house engaged in future conversations. the president has warned that if congress does not raise the debt ceiling the economy could crash and there could be delays for social security checks and veterans' benefits. >>> things that men will do to i am privilege women. an aussie free diver says he got into the sport to win over a few girls at the public to impress women. he won more than the girls. the 32-year-old is making a nam for himself in diving. he can actually hold his breath under water for 6 minutes and 40 seconds. he is a champion in the second most dangerous sport in the world and he credits the peretti local girls he pretty local girls he met. >> he challenged them at the bar. >> he became an australian champion. >> he was on "60 minutes." he drops down over 200 feet. >> good luck. >>> 5:19. coming up, hear why the key to beating the falcons might not be colin kaepernick after all. >> plus, the cbs station in gree
CNN
Jan 18, 2013 11:00am PST
that with this very specific debt ceiling problem that we have, that we have financial obligations that we've already made that need to be paid and we have a second debate going on about how we should spend our money? >> basically, ali, we have 100% leveraged. $16.5 trillion in debt. if we continue to borrow and spend beyond our limit, we're going to compound that debt and deficit and be on an us sustainable course for us to survive. we're at a point, we need to take the one less traveled and make all the difference. we're going to have to put our talking points on and leave them outside of the room. >> yes. >> sit down at the table, prioritize our spending, act like a business person would have to act and every family member has to act and we're going to get our house in order. we don't do that, we're going to be a deader state. >> you want to get business done. you want to get a budget. can can we not separate these things out? i know there are a lot of people who take the debt ceiling off the table and increase it and you lose your leverage. republicans lose your leverage. and t
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